#Good news! The IRS has extended the tax deadline to April 18th! As long as you submit your federal return by midnight on 4/18/2018, you won't be considered a late filer for your federal return. Direct debit tax payments that are submitted with your federal return (or on the IRS website) by 4/18 are also considered timely filed ×

What is the IRA averaging method?

If you took a lump-sum distribution from a qualified retirement account and were born before January 2, 1936, you may be able to use a special formula to calculate how much you owe in taxes.

The method is called the 10-year tax option. Credit Karma Tax can help you find out if you qualify and run the numbers.

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